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Sep 27, 2012
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i still am loyal to my personal device is a samsung galaxy s2. i don't have it in my pocket because they make me take it out before i'm on camera. i've been in boxes moving over the past couple of weeks. so as soon as i get it unboxed, i'll be upgrading. i also carry apple devices as well. we're a cross-platform company today. you know, without the success of samsung, without the success of android, without the success of iphone from apple, we wouldn't have a market to go after. and it's that competition that leads to innovation throughout the industry. and we're hoping that that growth continues. i mean, four-fifths of the world don't have smartphones yet. and much of the world, including africa, southeast asia, their first interaction with the internet or with financial transactions is going to be through the mobile. it's not going to be through a pc. we're just at the beginning of this mobile revolution around the world. >> omar, thanks for your time. appreciate it. >> thanks for having me. >> omar khan of nq. >> come back and let us know when
i still am loyal to my personal device is a samsung galaxy s2. i don't have it in my pocket because they make me take it out before i'm on camera. i've been in boxes moving over the past couple of weeks. so as soon as i get it unboxed, i'll be upgrading. i also carry apple devices as well. we're a cross-platform company today. you know, without the success of samsung, without the success of android, without the success of iphone from apple, we wouldn't have a market to go after. and it's that...
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135
Sep 27, 2012
09/12
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FBC
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cutting the dividend is certainly not good news, but they've priced their knew lumia, more than the samsung galaxy so they're pushing a new phone now and that's where the euphoria is surrounding nokia. stuart: i've got to say i don't get that. priced the new phone higher than the galaxy and now it goes up. and blackberry, research in motion, that stock has been all over the place. >> all over the place has been higher. up 2 1/2 today. through yesterday's close for the week, it was up 8 1/2% so say it's up almost 10% this week alone ahead of their numbers. >> nokia and research in motion, day traders favorites, believe me. low priced stock in and out in five minutes. >> i love it when we believe you. stuart: and dow jones industrials average 56 higher. 13, 468 right now. mitt romney told voters his tax plan might not decrease tax bills as much as they might expect. is he backtracking and telling the truth? and joining us is former new york mayor rudy guiliani. if is he backtracking if they don't get the 20% tax rate cut and cut the deductions which these people get even more, is he backtrack
cutting the dividend is certainly not good news, but they've priced their knew lumia, more than the samsung galaxy so they're pushing a new phone now and that's where the euphoria is surrounding nokia. stuart: i've got to say i don't get that. priced the new phone higher than the galaxy and now it goes up. and blackberry, research in motion, that stock has been all over the place. >> all over the place has been higher. up 2 1/2 today. through yesterday's close for the week, it was up 8...
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Sep 27, 2012
09/12
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but there is a risk, he believes, that those people do actually go to a samsung product. >> i suppose there is a risk for sure, but i think that, i mean, this stock will probably a number of times before we see that december quarter it will get excited on that same news. >> there are people walking around with cracked screens who will wait for the iphone 5 on the store. >> there are people walking around with crack who will wait for the iphone. >> what a trade. >> there are people who will literally wait with a broken product. i this i that's a minor risk in the story of apple. >> we have to talk about nike. another big mover. cnbc jackie deangeles is monitoring the shares after they reported a 12% drop in profits. >> you're absolutely right. it was a drop in profits but the numbers actually looked better than expectations. the eps was higher, the revenues were higher. the numbers were lower year on year. 136 for the eps this quarter versus 123. meantime, the company saying that demand in charkts like china was slowing. higher cost of materials used in things like shoes, t-shirts, tha
but there is a risk, he believes, that those people do actually go to a samsung product. >> i suppose there is a risk for sure, but i think that, i mean, this stock will probably a number of times before we see that december quarter it will get excited on that same news. >> there are people walking around with cracked screens who will wait for the iphone 5 on the store. >> there are people walking around with crack who will wait for the iphone. >> what a trade. >>...
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Sep 27, 2012
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samsung second biggest offering. hugely overdescribed. mexico fundamentally to most people seems like a place that's having such a difficult moment. but nevertheless appeals to investors. is that your view, as well? >> it does look a popular choice to the vin tors. at least doing better than some of the other industrial economies and growing at a reasonable pace. and i think the fact the central bank is willing to let the currency appreciate does attract investors into that market. >> is there any sign it's becoming frothy? >> i don't think so. i think there's some room to go. >> give us a sense, where do you think the flows, the bulk of the flows will go between those two regions? >> what we've seen so far, much more of a preference for flows to go into latan. i think the underlying growth story there is perhaps a bit better than in asia. and also i think for most there's much more willingness to allow currencies to appreciate. in asia, what we see is central banks. you because the growth story is weak, even if flows do pick up here, i t
samsung second biggest offering. hugely overdescribed. mexico fundamentally to most people seems like a place that's having such a difficult moment. but nevertheless appeals to investors. is that your view, as well? >> it does look a popular choice to the vin tors. at least doing better than some of the other industrial economies and growing at a reasonable pace. and i think the fact the central bank is willing to let the currency appreciate does attract investors into that market....